Price for Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in Kuwait - 2022

Contents:

  1. Price for Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in Kuwait (CIF) - 2022
  2. Price for Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in Kuwait (FOB) - 2022
  3. Imports of Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in Kuwait
  4. Exports of Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in Kuwait

Price for Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in Kuwait (CIF) - 2022

In 2022, the average import price for polyphosphates; (other than sodium triphosphate (sodium tripolyphosphate))s amounted to $1,151 per ton, waning by -43% against the previous year. Over the period under review, the import price saw a pronounced curtailment. The growth pace was the most rapid in 2021 an increase of 65%. The import price peaked at $2,465 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United Arab Emirates ($2,857 per ton), while the price for Italy ($622 per ton) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+19.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in Kuwait (FOB) - 2022

In 2022, the average export price for polyphosphates; (other than sodium triphosphate (sodium tripolyphosphate))s amounted to $2,556 per ton, approximately equating the previous year. In general, the export price faced a abrupt decrease. The most prominent rate of growth was recorded in 2021 a decrease of 99.9% against the previous year. Over the period under review, the average export prices hit record highs at $3,349 per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Spain.

From 2020 to 2022, the rate of growth in terms of prices for Spain amounted to 0.0% per year.

Imports of Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in Kuwait

For the fourth year in a row, Kuwait recorded growth in overseas purchases of polyphosphates; (other than sodium triphosphate (sodium tripolyphosphate))s, which increased by 1,332% to 2.1K tons in 2022. Overall, imports continue to indicate a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of polyphosphates; (other than sodium triphosphate (sodium tripolyphosphate))s skyrocketed to $2.5M in 2022. Over the period under review, imports enjoyed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in Kuwait (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China6.24.32.31,806562.9%
Spain6.214.7142472323.8%
United Arab Emirates1.31.08.798.8323.6%
Italy2.49.120.185.9229.6%
IranN/AN/A3.0N/A0%
Others31.649.21277.3-38.6%
Total47.778.33022,470272.7%

Top Suppliers of Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) to Kuwait in 2022:

  1. China (1803.2 tons)
  2. Spain (165.3 tons)
  3. Italy (138.1 tons)
  4. United Arab Emirates (34.6 tons)

Exports of Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in Kuwait

In 2022, the amount of polyphosphates; (other than sodium triphosphate (sodium tripolyphosphate))s exported from Kuwait totaled 132 tons, approximately mirroring 2021 figures. Overall, exports posted a significant increase. The smallest decline of 99.9% was in 2021. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of polyphosphates; (other than sodium triphosphate (sodium tripolyphosphate))s amounted to $337K in 2022. Over the period under review, exports saw a significant expansion. The smallest decline of 99.9% was in 2021. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Export of Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in Kuwait (Thousand USD)
COUNTRY202020212022CAGR,
2020-2022
SpainN/AN/A3370%
Others1.2N/AN/A0%
Total1.2N/A3371575.8%

Top Export Markets for Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) from Kuwait in 2022:

  1. Spain (131.9 tons)

Source: IndexBox Market Intelligence Platform

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